WTI rebounds from 5-month low on lower inventories

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Source: Bloomberg
West Texas Intermediate oil increased on Wednesday rebounding from the weakest level in a five-month period before a report showed that fuel supplies in the world's largest consumer, U.S., shrank to the lowest level since last November. WTI for delivery in December added 62 cents to $93.99 a barrel on the NYMEX and traded at $93.88 as of 2 p.m. in Singapore.

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Wed, 06 Nov 2013 09:22:04 GMT

Indonesian GDP eases in Q3

The performance of Indonesian economy slightly weakened in the three months ended in September, a report published by the Statistics Indonesia unveiled on Wednesday. According to the report, the country's gross domestic product grew 5.62% on an annual basis in the Q3 following a 5.81% expansion recorded in the quarter before, while it was forecast to rise 5.6%.

Wed, 06 Nov 2013 09:00:04 GMT

Asian stocks gain on weaker Yen and U.S. stimulus bets

Asia's shares advanced on Wednesday snapping a four-day losing streak on the local benchmark index after the Japanese currency weakened versus the U.S. Dollar together with the country's stocks rising amid carmakers. The MSCI Asia Pacific Index added 0.3% to 141.37 at 2:32 p.m. Hong Kong time, while the Japan's Topix index climbed 0.8%.

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